Southwest Gas Holdings Stock Net Income
| SWX Stock | USD 76.30 0.19 0.25% |
Southwest Gas Holdings fundamentals help investors to digest information that contributes to Southwest Gas' financial success or failures. It also enables traders to predict the movement of Southwest Stock. The fundamental analysis module provides a way to measure Southwest Gas' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Southwest Gas stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 150.9 M | 98.2 M | |
| Net Loss | -233.8 M | -222.1 M | |
| Net Loss | -195.7 M | -185.9 M | |
| Net Income Per Share | 2.13 | 1.39 | |
| Net Income Per E B T | 0.76 | 0.55 |
Southwest | Net Income |
Southwest Gas Holdings Company Net Income Analysis
Southwest Gas' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Southwest Gas Net Income | 150.89 M |
Most of Southwest Gas' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Southwest Gas Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Southwest Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Southwest Gas is extremely important. It helps to project a fair market value of Southwest Stock properly, considering its historical fundamentals such as Net Income. Since Southwest Gas' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Southwest Gas' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Southwest Gas' interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Southwest Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Southwest Gas Holdings reported net income of 150.89 M. This is 28.66% lower than that of the Gas Utilities sector and significantly higher than that of the Utilities industry. The net income for all United States stocks is 73.57% higher than that of the company.
Southwest Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Southwest Gas' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Southwest Gas could also be used in its relative valuation, which is a method of valuing Southwest Gas by comparing valuation metrics of similar companies.Southwest Gas is currently under evaluation in net income category among related companies.
Southwest Gas ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Southwest Gas' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Southwest Gas' managers, analysts, and investors.Environmental | Governance | Social |
Southwest Gas Institutional Holders
Institutional Holdings refers to the ownership stake in Southwest Gas that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Southwest Gas' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Southwest Gas' value.| Shares | River Road Asset Management, Llc | 2023-12-31 | 1.2 M | Principal Financial Group Inc | 2023-12-31 | 1.2 M | Maverick Capital Ltd | 2023-12-31 | 1.1 M | Bank Of New York Mellon Corp | 2023-12-31 | 1.1 M | American Century Companies Inc | 2023-12-31 | 1.1 M | Wellington Management Company Llp | 2023-12-31 | 1.1 M | Macquarie Group Ltd | 2023-12-31 | 964.8 K | Goldman Sachs Group Inc | 2023-12-31 | 935.9 K | Gamco Investors, Inc. Et Al | 2023-12-31 | 858.4 K | Icahn Carl C | 2023-12-31 | 11 M | Blackrock Inc | 2023-12-31 | 9.3 M |
Southwest Fundamentals
| Return On Equity | 0.0576 | ||||
| Return On Asset | 0.0243 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.10 % | ||||
| Current Valuation | 10.2 B | ||||
| Shares Outstanding | 71.67 M | ||||
| Shares Owned By Insiders | 0.50 % | ||||
| Shares Owned By Institutions | 95.96 % | ||||
| Number Of Shares Shorted | 2.86 M | ||||
| Price To Earning | 16.91 X | ||||
| Price To Book | 1.58 X | ||||
| Price To Sales | 0.96 X | ||||
| Revenue | 5.43 B | ||||
| Gross Profit | 994.87 M | ||||
| EBITDA | 930.47 M | ||||
| Net Income | 150.89 M | ||||
| Cash And Equivalents | 123.08 M | ||||
| Cash Per Share | 3.22 X | ||||
| Total Debt | 5.44 B | ||||
| Debt To Equity | 1.70 % | ||||
| Current Ratio | 0.70 X | ||||
| Book Value Per Share | 46.83 X | ||||
| Cash Flow From Operations | 509.21 M | ||||
| Short Ratio | 6.16 X | ||||
| Earnings Per Share | 2.68 X | ||||
| Price To Earnings To Growth | 3.76 X | ||||
| Target Price | 77.75 | ||||
| Number Of Employees | 14.94 K | ||||
| Beta | 0.36 | ||||
| Market Capitalization | 5.44 B | ||||
| Total Asset | 11.87 B | ||||
| Retained Earnings | 738.84 M | ||||
| Working Capital | 196.27 M | ||||
| Current Asset | 261.77 M | ||||
| Current Liabilities | 313.18 M | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 2.95 % | ||||
| Net Asset | 11.87 B | ||||
| Last Dividend Paid | 2.48 |
About Southwest Gas Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Southwest Gas Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Southwest Gas using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Southwest Gas Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Southwest Gas Investors Sentiment
The influence of Southwest Gas' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Southwest. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Southwest Gas' public news can be used to forecast risks associated with an investment in Southwest. The trend in average sentiment can be used to explain how an investor holding Southwest can time the market purely based on public headlines and social activities around Southwest Gas Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Southwest Gas' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Southwest Gas' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Southwest Gas' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Southwest Gas.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Southwest Gas in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Southwest Gas' short interest history, or implied volatility extrapolated from Southwest Gas options trading.
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When determining whether Southwest Gas Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Southwest Gas' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Southwest Gas Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Southwest Gas Holdings Stock:Check out Southwest Gas Piotroski F Score and Southwest Gas Altman Z Score analysis. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Southwest Stock analysis
When running Southwest Gas' price analysis, check to measure Southwest Gas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Southwest Gas is operating at the current time. Most of Southwest Gas' value examination focuses on studying past and present price action to predict the probability of Southwest Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southwest Gas' price. Additionally, you may evaluate how the addition of Southwest Gas to your portfolios can decrease your overall portfolio volatility.
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Is Southwest Gas' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Southwest Gas. If investors know Southwest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Southwest Gas listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.821 | Dividend Share 2.48 | Earnings Share 2.68 | Revenue Per Share 75.526 | Quarterly Revenue Growth (0.01) |
The market value of Southwest Gas Holdings is measured differently than its book value, which is the value of Southwest that is recorded on the company's balance sheet. Investors also form their own opinion of Southwest Gas' value that differs from its market value or its book value, called intrinsic value, which is Southwest Gas' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Southwest Gas' market value can be influenced by many factors that don't directly affect Southwest Gas' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Southwest Gas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Southwest Gas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southwest Gas' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.